Market Live:
Sensex, Nifty remain sluggish post green opening; pharma, FMCG gain
Equity benchmarks
continued with its positive momentum from the previous session and opened on a
good note, with the Nifty reclaiming 9800-mark.
At 9:16 am, the
Sensex was up 77.14 points at 31526.17, while the Nifty rose 23.05 points at
9817.20. The market breadth was positive as 626 shares advanced against a
decline of 186 shares, while 27 shares were unchanged.
Midcaps were back
in favour as they outperformed the benchmarks, while other gainers included
FMCG, auto stocks and metals.
Adani Ports, Tata
Motors, Tata Power and BPCL were the top gainers, while Larsen & Toubro,
Cipla and Asian Paints lost the most on both indices.
The Indian rupee
slipped in the early trade on Wednesday. It has opened lower by 16 paise at
64.28 per dollar versus 64.12 Monday.
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